Dodd-Frank

In 2005, former Congresswoman Judy Biggert and I came together to form the Financial and Economic Literacy Caucus. Judy, a Republican, and myself, a Democrat, found common ground when it came to the importance of financial literacy. I am happy to report that Congressman Steve Stivers, Republican of Ohio, is our new co-chair for the Caucus. We will once again sponsor a House Resolution declaring April as Financial Literacy Month, and the annual Financial Literacy Day on Capitol Hill will be held on Friday, April 26 in the Cannon Caucus Room in Washington, D.C.

The message of the Caucus is a nonpartisan one: We need to empower young people with the information they need in order to make healthy financial decisions throughout their lives. A focus on financial literacy makes sense for policymakers from either party; financial empowerment can alleviate poverty and attack inequality, while also providing Americans the tools to be financially independent and self-reliant. This will not only ensure their families’ own financial security, but will contribute to the stability and growth of the entire economy. Read more…